Babylon (@babylonlabs_io): A very strong deep-dive research piece from the talented @yasche_ at @sandmark_news.
Estimated coin impact
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A very strong deep-dive research piece from the talented @yasche_ at @sandmark_news. 'Bitcoin may well be the best collateral asset the financial system has ever produced, yet it's mostly Idle - 99.4% to be exact. Bitcoin’s problem in DeFi is not demand. It is the price of access' Today, productive BTC usually means trade-offs: wrappers, custodians, or expensive centralized credit. That sits at odds with why many people hold Bitcoin in the first place. 🧵TLDR https://www.sandmark.com/news/analysis/babylons-native-bitcoin-collateral-breakthrough